A-Share Screening by Turnover, Float Value, and MACD

Summary

This note describes an A-share stock screen using a turnover range of 3% to 12%, a circulating market value of 5 billion to 10 billion yuan, and a MACD condition tied to a value from two days earlier. It frames the negative MACD reading as a possible rebound setup and suggests checking other indicators, company fundamentals, and market trends before selecting stocks.

The note offers formula and Python examples, but their conditions do not fully match the written strategy: the formula compares MACD values and requires a positive reading, while the Python example checks a negative reading two sessions earlier and rising subsequent values. The examples also handle the turnover filter differently. No backtest or performance evidence is provided, so the proposed rebound potential is untested here. The screen uses a small set of technical and size filters and may miss risks related to fundamentals, sector conditions, or broader market direction.

Key ideas

• The screen combines turnover, circulating market value, and a MACD condition for A-shares.
• The written setup treats a negative MACD reading from two days earlier as a possible rebound signal.
• The formula and Python examples encode different MACD conditions, so the implementation needs clarification.
• The note recommends considering other indicators, company fundamentals, and market trends.
• No performance results are provided to establish whether the screen is profitable.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.